Affordable Housing

KRFDC uses grant funds to provide assistance. The family secures a very-low, affordable interest rate loan to cover a portion of the home and the remainder of the costs are paid for with grant funds secured through Kentucky Housing Corporation.

Persons living at or below 80 percent of the median income, including homeless persons who are graduates of KRFDC’s Supportive Housing Program will be eligible to apply for the program.

Throughout the homeownership experience each client receives continuous support from a Foothills housing coordinator who will provide case management and advocacy targeted at self-sufficiency and self-reliance. Services from the housing coordinator will continue to be made available as needed.

Download & Fill Out the Forms Below

Affordable Housing Application
Credit Report Authorization

The Affordable Housing Program assists low and moderate-income households through home-buyer education classes and one-on-one home-ownership coaching that enables many families who never believed they could own their own home to become homeowners.  Homeownership counseling is a free service offered in Estill and Powell County. This service is provided for first time homebuyers with low to moderate income. The counseling program will educate participants in every aspect of the home buying process.

The Homeownership Program consists of one-on-one counseling sessions as well as group discussions. These sessions are designed to help potential homebuyers become more aware of the following:

• Applying for a mortgage
• Down payment and closing costs
• Credit repair and budgeting
• Making sound credit decisions
• Setting and achieving goals
• Being a smart consumer
• Establishing emergency savings funds
• Maintaining your home

Eligible Participants

The monthly income of the family cannot exceed 80% of current HUD income guidelines.  The monthly income of the family must be sufficient to support a mortgage payment necessary to purchase a modest home in Powell County.  Must be willing to cooperate as well as participate in taking necessary actions required to be met. This includes but is not limited to contacting creditors, paying on delinquent credit/collections, and assertiveness necessary for credit repair. Participants who fail to meet the above listed requirements will be excused from the program if deemed necessary.

The HOME TBRA Program provides temporary rental assistance to low-income (60% or below area median income for each county) households. The subsidy is based on the income of the household, the unit the household selects, and the payment standards. HOME TBRA service area includes Clark, Estill, Madison and Powell.

Click here for an application

The TBRA Program provides:

• Rental assistance
• Security deposit assistance
• Utility allowance (if qualifies)